If you have money stashed overseas and it’s keeping you up at night, you might be thinking about turning it in to the IRS and making a full disclosure. Having cash stashed overseas can bring a nice payment or two every so often, sure. But the c...

The IRS is known as the most ruthless and aggressive collection agency on the face of the planet. A recent report may prompt it to up its game as billions in uncollected tax revenue remains outstanding. So unpaid tax bills should have you worried. Th...

If you’re thinking that not paying your state or federal back taxes won’t come back to haunt you later, you’re wrong. Tax delinquency lists are a real thing. The pain comes in multiple forms: financial, legal, and, now, reputational...

Buying and owning your home can be a dream. It can be used to raise a family, or can be used to rent out the rooms and live of the rental payments. But a big enough tax debt can lead to your home being targeted by the IRS through an IRS tax lien. How...

If you have tax debt, getting it paid off is your first priority. Paying it off is important no matter how it’s done. Whether it’s in a one-time lump sum payment, or with a payment plan involving multiple payments, back tax debt should be...

Making money overseas can be exciting. Whether you have family or business assets located abroad, making goods or providing services overseas can lead to big profits here at home. But after the IRS started to crack down on overseas tax dodgers in 200...

Where there’s a rule, there’s an exception. And that even applies to the IRS when it comes to collecting back tax debt. That even includes the tax debt statute of limitations. There’s always exceptions to the rule, even with tax deb...

If you’ve made the decision to ignore tax debt, then your future has some costly and potentially embarrassing measures in store for you.  Tax debt is created by unsuccessful risky tax moves, or lack of intent to pay it. However it’s made...

Having unpaid tax debt is the first step the walk towards financial ruin. Tax debt does nothing to improve your financial situation, and gives the IRS all the ammo it needs to pry open your business’s books and get its hands where they don̵...

If you’re getting in hot water with the IRS due to back tax debt, you may be able to swim on your own for a while. But the time may come when you’ll need a tax attorney by your side. But when is it necessary for you to hire one?  It may ...